Bank Consulting

Financial institutions establish a Nevada investment subsidiary to outsource and manage all or a portion of their fixed income investment portfolio. By partnering with First Business Consulting Services, your bank will gain the experience and knowledge of more than 60 years of combined experience managing bank balance sheets.

BOND ACCOUNTING & SAFEKEEPING SERVICES

Your investment subsidiary can choose to keep its current bond accounting and safekeeping relationships or have First Business negotiate these services, with the benefit of transparent fees.

• To protect the investment subsidiary’s assets, all purchases and sales are delivery versus payment (DVP) or receive versus payment (RVP)
• Free deliveries will only be permitted with prior consent from parent bank
• Outgoing wires will only be permitted if they are processed with a repetitive wire destination approved by the parent bank
• Bond accounting will be processed and reconciled monthly
• Investment portfolio analytics will be generated quarterly with custom analysis available

Closing Notice – Memorial day

NOTICE

We are currently experiencing an intermittent issue affecting access to Online Private Banking and the mobile app. Users may not be able to access the applications at this time. We apologize for the inconvenience.

Once you no longer see this notification the system is back up and running.